Example Document for Lease Termination Agreement
LEGALDOCS
Lease Termination Agreement - Example Document
&[reserved2]
This Agreement calls for the early termination of a Lease
between ABC Holding Company, Inc., and Tim Tenant, an individual. The Agreement
identifies the Lease being modified, the rental address, and the date of the anticipated early
termination. The parties have also agreed that for Tenant to be allowed to terminate the
Lease early, Tenant will forfeit his deposit, and will have to pay Landlord a $100 early
termination fee. Following Tenant's vacating the Premises, both parties waive any further
claims against the other, except for claims by third parties (i.e., a slip and fall suit by Tenant's
customer because of oil spilled by Tenant), and hidden hazardous materials contamination,
etc.
(The page breaks shown on this Example Document are not as
they normally appear.)
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